Showing 1 - 10 of 553
Climate change is both a major threat and a source of opportunities for Morocco's development. On one hand, Morocco is … shift in consumption behavior. On the other hand, Morocco can take advantage of its abundant competitive renewable energy … could reduce Morocco´s reliance on imported fuels, help Moroccan firms' competitiveness in neighboring markets that are …
Persistent link: https://www.econbiz.de/10015058982
This paper presents Morocco's Request for an Arrangement under the Flexible Credit Line (FCL). Morocco qualifies for … Ukraine would lower external demand, increase commodity price volatility, and tighten external financial conditions. Morocco … Russia's war in Ukraine. The arrangement will enhance Morocco's external buffers and provide insurance against plausible tail …
Persistent link: https://www.econbiz.de/10015059491
, inflation slowed, and the current account deficit narrowed despite headwinds from water scarcity (which caused a severe loss of …
Persistent link: https://www.econbiz.de/10015058472
toll on Morocco's economy in 2022, despite the authorities' very strong policy response. Despite the increase in current … monetary policy space and high uncertainty call for accelerating structural reforms to strengthen the resilience of Morocco … demand and increase Morocco's growth potential over the medium term. Important steps have been made toward expanding social …
Persistent link: https://www.econbiz.de/10015059769
The Bank Al-Maghrib (BAM) has implemented expanded and comprehensive transparency practices in a number of areas, notably related to the primary mandate of price stability and the shared mandate of financial stability. This reflects the BAM's public commitment to transparency anchored in the new...
Persistent link: https://www.econbiz.de/10015059882
This Selected Issues Paper on Switzerland focuses on unprecedented currency appreciation and policy response. On September 6, 2011, the Swiss National Bank (SNB) surprised the market by explicitly committing to defending a floor of 1.20 on the exchange rate of EUR/CHF. The introduction of the...
Persistent link: https://www.econbiz.de/10011244230
This paper provides three policy lessons to take full advantage of the opportunity afforded by EU funds. The main features of the global integrated monetary and fiscal (GIMF) model and how it was modified to account for income convergence are discussed. The impact of EU funds as exhibited in the...
Persistent link: https://www.econbiz.de/10011244276
policy and commended the monetary stance that has helped to contain inflation. They urged the authorities to improve the …
Persistent link: https://www.econbiz.de/10011244617
The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output is projected to level off, and then decline...
Persistent link: https://www.econbiz.de/10011244994
environment with robust growth, low inflation, manageable current account deficits, and a comfortable level of gross foreign …
Persistent link: https://www.econbiz.de/10005825034